Hydro Quebec Bill 34
Hydro quebec welcomes bill 34 which will guarantee low electricity rates and simplify the rate setting process.
Hydro quebec bill 34. Members of the national assembly spent their saturday. Amendments to the hydro quebec act under the bill the hydro quebec act cqlr c h 5 will be amended so that as of april 1 2020 electricity distribution rates will be those provided in schedule i of that act. Hydro quebec updates its customers hydro quebec would like to provide details to its customers further to the adoption of the act to simplify the process for establishing electricity distribution rates. E essentially most distribution rates are frozen for 2020 and then adjusted for inflation until 2025 when a rate review would occur.
It will require hydro quebec to freeze its rates for 2020 and limit rate increases to the rate of inflation for the following four. Bill 34 is the caq governments response to that overbilling. On june 12 2019 the quebec government introduced bill 34. The proposed legislation provides for the following changes.
Adoption of bill 34 on electricity rates. A freeze to hydro quebecs rate will begin in april 2020 after the quebec government passed legislation that allows it to take control of the rates charged for electricity in the province. Adoption of bill 34 on electricity rates. Quebec government invokes closure on bill 34 dec 7 2019 the legislation passed in december 2019 allows the quebec government to take control of the rates charged for electricity in the.
The coalition avenir quebec government has fast tracked the adoption of bill 34 which will set hydro quebecs rates for the next five years. In december 2019 the quebec government adopted an act to simplify the process for establishing electricity distribution rates. Adoption of bill 34 to simplify the process for establishing electricity distribution rates are you eligible for a credit. An act to simplify the process for establishing electricity distribution rates.
Hydro quebec dec 09 2019 0630 et.